![]() The difference between petty theft (a misdemeanor) and grand theft (a felony) is the cost of the stolen goods, but the cut-off point between the two varies from state to state. Does the punishment vary according to the cost of the item I stole? Some stores prosecute all thefts, no matter how "small" they might seem. No matter how much an item costs, if you left the store without paying for it, then you can be charged with theft. What if I steal something that costs less than $5? Rules vary from state to state, but typically, the statute of limitations for misdemeanor petty theft is one year. How long after shoplifting could I be arrested? If the loss prevention people recognize you and have proof of the crime, they can have you arrested. Do I need to worry about going back to that store in the future?
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